Closing Bell: Saudi main index edges higher to 11,193

04/05/2026 04:32 AST

Saudi Arabia's Tadawul All Share Index was steady on Sunday as it gained 5.18 points, or 0.05 percent, to close at 11,192.84.

The total trading turnover of the benchmark index stood at SR4.29 billion ($1.14 billion), with 181 of the listed stocks advancing and 73 declining.

The Kingdom's parallel market, Nomu, gained 56.26 points to close at 22,938.40.

The MSCI Tadawul Index also edged up 0.09 percent to 1,493.03.

The best-performing stock on the main market was Red Sea International Co., with its share price increasing by 9.98 percent to SR27.

The share price of Saudi Enaya Cooperative Insurance Co. also rose by 9.95 percent to SR10.39.

Saudi Industrial Investment Group also saw its stock price climb by 8.24 percent to SR15.10.

Conversely, the share price of Rabigh Refining and Petrochemical Co. declined by 4.86 percent to SR14.11.

On the announcements front, SAL Saudi Logistics Services Co. said that its net profit for the first quarter of this year stood at SR156.60 million, representing a 2.29 percent increase compared to the same period in 2025.

In a Tadawul statement, the company attributed the rise in profit to a 16.07 percent increase in revenue, backed by the strong performance of its cargo ground-handling segment.

The share price of SAL Saudi Logistics Services Co. increased by 0.30 percent to SR164.90.

ADES Holding Co. announced that it had signed a contract worth SR347.6 million for the Shelf Drilling Victory rig in Nigeria with a local independent oil and gas company.

According to a Tadawul statement, operations are expected to begin in the second half of this year, following completion of the rig's current activities in the country.

The share price of ADES Holding Co. declined by 0.71 percent to SR19.46.

Arab News